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110
Feb 14, 2013
02/13
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that debt is honest to goodness government debt backed by the full faith and credit of the government. we don't include in the debt measure that we focus on, nor do most analysts, because we look at the government as a unified whole and we take account of future social security and medicare, other compliments of spending, so we capture the future obligations of those programs under current law in the way we do our projections of spending. when we look at the debt we look at the debt that the government owes to outside of the government. >> so you don't calculate that debt until that debt becomes due so when the social security trust fund has an i.o.u. and gets into the other hand of government to pay that, that's when you count it, at that time? >> so we produce projections of this larger -- of gross debt. we report them in this outlook but we don't focus on it. >> if i want to include a social security trust fund to my constituents and educate america, what would be the debt to g.d.p. ratio if you included the trust fund and any other significant debt? >> i'm sorry, congressman, i do
that debt is honest to goodness government debt backed by the full faith and credit of the government. we don't include in the debt measure that we focus on, nor do most analysts, because we look at the government as a unified whole and we take account of future social security and medicare, other compliments of spending, so we capture the future obligations of those programs under current law in the way we do our projections of spending. when we look at the debt we look at the debt that the...
117
117
Feb 19, 2013
02/13
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it doesn't cost the government anything to do it. this is a cheap way to do it for the government. this is do not like this. big businesses do not like that. host: the last time it was raised was in 2007. why hasn't it been raised since then? guest: a general sense in washington. to do not want to interfere with the workplace. if you raise the minimum wage, there is concern you raise unemployment. the economic analysis of that is complicated. there is a general sense to remain hands-off. i think business has been successful in pointing out that this is hard for them. host: states have been acting on their own. according to politico, here are the states with the highest minimum wages. washington state, $9.19. oregon, $8.95. host: all higher than the federal minimum wage. why and when did they make these decisions? guest: a lot of states have moved since 2007. a lot of cities have minimum wages that are a lot higher, often because the cost of living is a lot higher. but yes, states have acted unilaterally. they have looked at their industries and they have worked to do it to help low
it doesn't cost the government anything to do it. this is a cheap way to do it for the government. this is do not like this. big businesses do not like that. host: the last time it was raised was in 2007. why hasn't it been raised since then? guest: a general sense in washington. to do not want to interfere with the workplace. if you raise the minimum wage, there is concern you raise unemployment. the economic analysis of that is complicated. there is a general sense to remain hands-off. i...
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84
Feb 12, 2013
02/13
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and this is what we need to do across the federal government. we don't have to spend twice as much money on health care as most of the developed countries for outcomes that are mediocre at best. we don't have to spend more money on defense than 12 or 13 of the remaining largest defense budgets, and on weapons that in many cases like our nuclear arsenal, but we have far more than we need and can ever use and can afford. we can pare that down, save tens of millions of dollars and still be the most powerful nation in the world. for the outrageous crop insurance that encourages reckless and expensive behavior by paying farmers to plant crops on land that never should have been cultivated in the first place. while we will control spending and increase revenues, the most important thing we can do is to change the way we do business. using commonsense, proven technology, stretching our tax dollars, and making our communities more livable. we can start by not pressuring the corps of engineers to complete the levees, spending millions of dollars we don't
and this is what we need to do across the federal government. we don't have to spend twice as much money on health care as most of the developed countries for outcomes that are mediocre at best. we don't have to spend more money on defense than 12 or 13 of the remaining largest defense budgets, and on weapons that in many cases like our nuclear arsenal, but we have far more than we need and can ever use and can afford. we can pare that down, save tens of millions of dollars and still be the...
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Feb 13, 2013
02/13
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government is important. the heroes of 9/11 were government workers. government teaches our kids. it protects us. keeps us safe. helps keep our air clean. and protects the less fortunate. the tea party has this wrong. the objectives should not be to destroy government through reactive draconian cuts. rather we should collectively rethink and renew this institution that touches all of our lives. i recognize not everyone i serve with would agree on how to cut defense to make them sustainable over time. that's the whole point. we have to compromise. sadly that's not in vogue these days. my colleague from chicago, congressman bobby rush, said it best when he observed, in congress the view of compromise is that the other guy gives in. it simply can't be that way. until we end the big erk, and bricksmanship, the deadlock that's paralyzed our political process will continue. it is not we can imagine better but can we do better? those words are true today. we have to abandon the doing mas -- dogmas of yesterday to fulfill the promise of tomorrow. we cannot escape history, he said. we of t
government is important. the heroes of 9/11 were government workers. government teaches our kids. it protects us. keeps us safe. helps keep our air clean. and protects the less fortunate. the tea party has this wrong. the objectives should not be to destroy government through reactive draconian cuts. rather we should collectively rethink and renew this institution that touches all of our lives. i recognize not everyone i serve with would agree on how to cut defense to make them sustainable over...
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82
Feb 18, 2013
02/13
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they must ask for leave of the government speak. in the segment i am giving you he concludes with the following -- these onerous restrictions function as a prior restraint, giving the sec power analysis to licensing the laws of 16th and 17th century england, the sort that they were drawn to prohibit because their business is to sensor and there is a danger that there may be less of a response in court to the constitutional expression. >> here is the fundamental from the court, the the very business of regulating politics, regulating campaign finance, which necessarily entails intervention through other ways by which the administrative agency is heard poses a fundamental threat of censorship. it adheres in the past that it is within their goals to the first amendment. that is one point he makes that raises the question of the 1970's regulatory model. another that he addresses is the question of the distinction on different kinds of speakers. in citizens united he was referring to the congressional expectation that corporations the sp
they must ask for leave of the government speak. in the segment i am giving you he concludes with the following -- these onerous restrictions function as a prior restraint, giving the sec power analysis to licensing the laws of 16th and 17th century england, the sort that they were drawn to prohibit because their business is to sensor and there is a danger that there may be less of a response in court to the constitutional expression. >> here is the fundamental from the court, the the...
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90
Feb 14, 2013
02/13
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we are now hearing of furloughs across the government agencies. this would mean that families that are dependent only that paycheck to put food in their children's mouths and clothes on their backs will be forced to stay home as much as one day a week for up to 22 weeks. this means millions of dollars in lost pay for dedicated public servants because congress and this president cannot get their act together and do what is right for our country. at this point, the house has passed two separate plans that were never even considered by the senate. ultimately, inaction by the president and senate are allowing us to inch closer and closer to the disgusting reality of these cuts. even more disappointing than the senate and president's inaction is the ridiculous position of many that seem completely content to throw their hands up and say we have done all we can do. but i am perhaps the most disappointed in my colleagues that want these cuts to take place in the name of spending cuts only. what good are spending cuts when you can't defend the nation you
we are now hearing of furloughs across the government agencies. this would mean that families that are dependent only that paycheck to put food in their children's mouths and clothes on their backs will be forced to stay home as much as one day a week for up to 22 weeks. this means millions of dollars in lost pay for dedicated public servants because congress and this president cannot get their act together and do what is right for our country. at this point, the house has passed two separate...